Contact:
David Frankil
703-842-2226
dfrankil@nafcu.org
Christine Burns-Fazzi
704-332-2265
cfazzi@bfbbenefit.com
FOR IMMEDIATE RELEASE
January
31, 2012
BURNS-FAZZI,
BROCK AND NAFCU SERVICES INVITE CREDIT UNIONS TO PARTICIPATE IN THEIR 2012 EXECUTIVE COMPENSATION & BENEFITS SURVEY
ARLINGTON,
VA – NAFCU Services Corporation
and Burns-Fazzi, Brock announced that its sixth annual Executive Compensation
& Benefits Survey is now open for federal credit unions to participate. Any
credit union that completes the survey will receive a free copy of the detailed
results, which provide invaluable benchmarking information on compensation and
benefits for the top five credit union executives.
“The survey is an excellent way for credit unions to add another data point to
their executive compensation discussions,” said Rich Brock, principal at
Burns-Fazzi, Brock. “In addition, Clark & Chase Research has the ability to
produce reports more precisely tailored to a given credit union by size,
location and other key parameters, which enhances the credit union’s ability to
recruit, reward and retain top executive talent.”
The survey asks credit unions about salary and benefits including non-qualified
plans. Independent research firm Clark & Chase Research, Inc. developed and
administers the confidential survey. Any participating credit union’s
individual responses are not seen by anyone other than them.
"The survey will provide invaluable data
to allow credit unions to assess how their executive compensation stands when
compared with their peers,” said NAFCU Services president David Frankil.
Federal credit unions that want to
participate can visit www.nafcu.org/execsurveysignup
to register. All registered credit unions will receive an email invitation in
the latter part of February.
About NAFCU Services Corporation
NAFCU Services Corporation is a wholly owned subsidiary of
the National Association of Federal Credit Unions (NAFCU). Since 1975, NAFCU
Services has partnered with the industry’s leading solutions providers to offer
value-added products and services at a discount to credit unions. Currently, it
offers 30 Preferred Partner programs to the credit union community and
maintains the credit union locator website CULookup.com. For more information about NAFCU
Services Corporation, please visit www.nafcu.org/nafcuservices.
About Burns-Fazzi, Brock
Burns-Fazzi, Brock is a leading compensation consultant to
credit unions. Since 1995, it has provided an increasingly wide range of
retirement benefits and other compensation-related services to financial
institutions. The organization aims to help credit unions recruit, reward and
retain its talented executives.
Burns-Fazzi, Brock’s broad expertise in the
complex tax, accounting, legal, regulatory, funding and administrative issues
that govern the use of benefits/compensation programs by financial institutions
allows it to deliver a wide range of solutions to its clients. For additional
information, please visit www.nafcu.org/BFB or call Tyler Quigley at 888-494-8911.
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